Cement despatches increased by 19.41% in May 2023. Total Cement despatches during May 2023 were 3.966 million tons against 3.321 Million Tons despatched during the same month of last fiscal year. According to the data released by the All Pakistan Cement Manufacturers Association, local cement despatches by the industry during the month of May 2023 were 3.433 million tons compared to 3.150 million tons in May 2022, showing an increase of 9.01%. Export despatches also increased by 210.13% as the volumes rose from 171,915 tons in May 2022 to 533,155 tons in May 2023.

In May 2023, North-based cement mills despatched 2.880 million tons of cement, showing an increase of 8.85% against 2.646 million tons of despatches in May 2022. South-based mills despatched 1.086 million tons of cement during May 2023, 60.77% more than the despatches of 0.676 million tons during May 2022.

North-based cement mills despatched 2.768 million tons of cement in domestic markets in May 2023, showing an increase of 7.58% against 2.573 million tons of despatches in May 2022. South-based mills despatched 664,891 tons of cement in local markets during May 2023, which was 15.36% more compared to the despatches of 576,385 during May 2022.

Exports from North-based mills increased by 53.83% as the quantities increased from 72,450 tons in May 2022 to 111,451 tons in May 2023. Exports from the South also increased by 323.97% to 421,704 tons in May 2023 from 99,465 tons during the same month last year.

During the first eleven months of the current fiscal year, total cement despatches (domestic and exports) were 40.518 million tons which is 14.93% lower than 47.627 million tons despatched during the corresponding period of last fiscal year.

Domestic despatches during this period were 36.528 million tons against 42.655 million tons during the same period last year, showing a reduction of 14.36%. Export despatches were also 19.76% less as the volumes reduced to 3.990 million tons during the first eleven months of the current fiscal year compared to 4.972 million tons of exports during the same period of last fiscal year.

North-based Mills despatched 29.925 million tons of cement domestically during the first eleven months of the current fiscal year, showing a reduction of 15.27% from cement despatches of 35.316 million tons during July-May 2022. Exports from the North increased by 19.69% percent to 974,126 tons during July-May 2023 compared with 813,902 tons exported during the same period last year. Total despatches by North-based Mills reduced by 14.48% to 30.899 million tons during the first eleven months of current financial year from 36.130 million tons during the same period of last financial year.

Domestic despatches by South-based Mills during July-May 2023 were 6.603 million tons showing a reduction of 10.03% over 7.339 million tons of cement despatched during the same period of last fiscal year. Exports from the South also declined by 27.48% to 3.015 million tons during July-May 2023 compared with 4.158 million tons exported during the same period last year. Total despatches by South based Mills were reduced by 16.34% to 9.619 million tons during the first eleven months of the current financial year from 11.497 million tons during the same period of last financial year.